{"id":977421,"date":"2026-06-30T16:58:45","date_gmt":"2026-06-30T20:58:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kkr-to-acquire-edf-power-solutions-north-american-operations-for-4-2-billion\/"},"modified":"2026-06-30T16:58:45","modified_gmt":"2026-06-30T20:58:45","slug":"kkr-to-acquire-edf-power-solutions-north-american-operations-for-4-2-billion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kkr-to-acquire-edf-power-solutions-north-american-operations-for-4-2-billion\/","title":{"rendered":"KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion<\/b><\/p>\n<p class=\"bwalignc\"><i>Acquisition of Leading Provider of Low-Carbon Energy Solutions Represents KKR&#8217;s Largest Individual Investment in the Renewables Sector<\/i><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKKR, a leading global investment firm, today announced that KKR has agreed to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc.) and Canada (EDF power solutions Canada Inc.) from EDF group, one of the world&#8217;s largest power producers. This transaction values the equity interest in EDF power solutions Inc. and EDF power solutions Canada Inc. at approximately $4.2 billion, with potential additional payments of up to $0.39 billion. Collectively, these businesses represent EDF power solutions\u2019 North American renewable operations.<\/p>\n<p>\nEDF power solutions North America is among the top ten owners of renewable energy capacity in the United States, with a nearly 40-year track record of delivering clean energy solutions across the U.S. and Canada. The company owns and operates a diversified portfolio of solar, wind, and battery storage assets across multiple geographies and manages an integrated platform spanning project development, construction, and long-term operations and maintenance (O&amp;M) and asset management. EDF power solutions North America serves a broad base of utilities, corporations, and institutional customers.<\/p>\n<p>\nUnder KKR\u2019s ownership, EDF power solutions North America will have the resources and strategic support to expand its asset base, enhance operational performance, and accelerate its development pipeline.<\/p>\n<p>\n\u201cWith power demand anticipated to increase in the United States due to the rapid expansion of data centers, manufacturing reshoring, and broader electrification, KKR\u2019s investment in EDF power solutions North America supports the critical need for affordable power,\u201d said Cecilio Velasco, Managing Director, KKR. \u201cEDF power solutions North America\u2019s scale, operational track record, and integrated capabilities position it to meet that demand, particularly through its diversified portfolio and project pipeline. We look forward to supporting the platform\u2019s continued growth and ultimately the United States\u2019 broader energy security and affordability goals.\u201d<\/p>\n<p>\nKKR brings deep expertise and a proven track record investing in renewables, having deployed more than $26 billion globally across renewables and energy transition investments to date. KKR is funding this transaction from its global infrastructure strategy. The transaction is subject to customary closing conditions and regulatory approvals.<\/p>\n<p><b>About KKR<\/b><\/p>\n<p>\nKKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR\u2019s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR\u2019s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR &amp; Co. Inc. (NYSE: KKR), please visit KKR\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kkr.com&amp;esheet=54562956&amp;newsitemid=20260630667572&amp;lan=en-US&amp;anchor=www.kkr.com&amp;index=1&amp;md5=3f29fd144d7745cc5ac6102853a25916\">www.kkr.com<\/a>. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.globalatlantic.com&amp;esheet=54562956&amp;newsitemid=20260630667572&amp;lan=en-US&amp;anchor=www.globalatlantic.com&amp;index=2&amp;md5=b666ff58debd228b174e50534e379f8c\">www.globalatlantic.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260630667572r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260630667572\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260630667572\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<br \/><\/b><br \/><i>KKR<br \/>\n<\/i><br \/>Liidia Liuksila<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@kkr.com\">media@kkr.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Alternative Energy Energy Professional Services Other Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260630667572\/en\/802367\/3\/kkrlogo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion Acquisition of Leading Provider of Low-Carbon Energy Solutions Represents KKR&#8217;s Largest Individual Investment in the Renewables Sector NEW YORK&#8211;(BUSINESS WIRE)&#8211; KKR, a leading global investment firm, today announced that KKR has agreed to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc.) and Canada (EDF power solutions Canada Inc.) from EDF group, one of the world&#8217;s largest power producers. This transaction values the equity interest in EDF power solutions Inc. and EDF power solutions Canada Inc. at approximately $4.2 billion, with potential additional payments of up to $0.39 billion. Collectively, these businesses represent EDF power solutions\u2019 North American renewable operations. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kkr-to-acquire-edf-power-solutions-north-american-operations-for-4-2-billion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-977421","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kkr-to-acquire-edf-power-solutions-north-american-operations-for-4-2-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KKR to Acquire EDF power solutions\u2019 North American Operations for $4.2 Billion Acquisition of Leading Provider of Low-Carbon Energy Solutions Represents KKR&#8217;s Largest Individual Investment in the Renewables Sector NEW YORK&#8211;(BUSINESS WIRE)&#8211; KKR, a leading global investment firm, today announced that KKR has agreed to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc.) and Canada (EDF power solutions Canada Inc.) from EDF group, one of the world&#8217;s largest power producers. This transaction values the equity interest in EDF power solutions Inc. and EDF power solutions Canada Inc. at approximately $4.2 billion, with potential additional payments of up to $0.39 billion. 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